Anhui Other Liab vs Good Will Analysis

000596 Stock   189.63  0.02  0.01%   
Anhui Gujing financial indicator trend analysis is way more than just evaluating Anhui Gujing Distillery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Gujing Distillery is a good investment. Please check the relationship between Anhui Gujing Other Liab and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Gujing Distillery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Liab vs Good Will

Other Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Gujing Distillery Other Liab account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Anhui Gujing's Other Liab and Good Will is 0.8. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Anhui Gujing Distillery, assuming nothing else is changed. The correlation between historical values of Anhui Gujing's Other Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Anhui Gujing Distillery are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Liab i.e., Anhui Gujing's Other Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Anhui Gujing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Gujing Distillery current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Gujing Distillery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 29, 2024, Selling General Administrative is expected to decline to about 3.8 B. In addition to that, Tax Provision is expected to decline to about 868.7 M
 2021 2022 2023 2024 (projected)
Gross Profit10.0B12.9B16.0B9.2B
Total Revenue13.3B16.7B20.3B12.0B

Anhui Gujing fundamental ratios Correlations

0.311.01.00.940.920.980.80.910.9-0.390.140.990.42-0.821.0-0.82-0.421.00.880.830.980.87-0.780.930.98
0.310.230.330.470.40.350.040.330.180.250.120.260.77-0.570.24-0.53-0.250.370.520.040.3-0.12-0.580.170.34
1.00.230.990.920.90.970.820.90.91-0.40.110.990.37-0.791.0-0.79-0.420.990.850.850.970.9-0.750.940.97
1.00.330.990.940.920.980.790.920.9-0.40.160.990.43-0.820.99-0.82-0.431.00.880.820.980.86-0.780.930.98
0.940.470.920.940.840.950.680.830.77-0.2-0.090.930.55-0.890.92-0.95-0.240.940.980.690.90.7-0.820.80.88
0.920.40.90.920.840.90.90.990.78-0.460.180.90.46-0.780.9-0.79-0.480.920.840.830.870.77-0.790.910.92
0.980.350.970.980.950.90.790.910.81-0.380.010.990.47-0.880.98-0.88-0.440.980.920.80.930.81-0.850.880.94
0.80.040.820.790.680.90.790.920.66-0.50.00.810.25-0.610.82-0.64-0.420.780.670.90.720.82-0.650.870.78
0.910.330.90.920.830.990.910.920.77-0.510.180.910.43-0.770.9-0.77-0.50.920.820.840.860.79-0.780.90.91
0.90.180.910.90.770.780.810.660.77-0.390.40.870.22-0.550.91-0.56-0.320.890.650.790.960.9-0.490.920.94
-0.390.25-0.4-0.4-0.2-0.46-0.38-0.5-0.51-0.39-0.21-0.430.450.09-0.390.170.14-0.37-0.23-0.49-0.42-0.570.08-0.48-0.45
0.140.120.110.16-0.090.180.010.00.180.4-0.210.070.040.130.110.27-0.420.18-0.180.050.260.170.090.220.28
0.990.260.990.990.930.90.990.810.910.87-0.430.070.39-0.820.99-0.83-0.410.990.880.840.960.88-0.780.920.96
0.420.770.370.430.550.460.470.250.430.220.450.040.39-0.740.38-0.57-0.480.480.560.170.340.0-0.770.260.37
-0.82-0.57-0.79-0.82-0.89-0.78-0.88-0.61-0.77-0.550.090.13-0.82-0.74-0.790.880.52-0.84-0.92-0.54-0.72-0.480.98-0.62-0.73
1.00.241.00.990.920.90.980.820.90.91-0.390.110.990.38-0.79-0.79-0.410.990.860.850.970.9-0.760.940.97
-0.82-0.53-0.79-0.82-0.95-0.79-0.88-0.64-0.77-0.560.170.27-0.83-0.570.88-0.790.13-0.82-0.98-0.57-0.74-0.520.83-0.65-0.73
-0.42-0.25-0.42-0.43-0.24-0.48-0.44-0.42-0.5-0.320.14-0.42-0.41-0.480.52-0.410.13-0.47-0.23-0.35-0.36-0.290.63-0.39-0.43
1.00.370.991.00.940.920.980.780.920.89-0.370.180.990.48-0.840.99-0.82-0.470.880.790.970.83-0.810.910.97
0.880.520.850.880.980.840.920.670.820.65-0.23-0.180.880.56-0.920.86-0.98-0.230.880.620.820.6-0.860.720.81
0.830.040.850.820.690.830.80.90.840.79-0.490.050.840.17-0.540.85-0.57-0.350.790.620.820.92-0.530.960.86
0.980.30.970.980.90.870.930.720.860.96-0.420.260.960.34-0.720.97-0.74-0.360.970.820.820.89-0.660.940.99
0.87-0.120.90.860.70.770.810.820.790.9-0.570.170.880.0-0.480.9-0.52-0.290.830.60.920.89-0.440.950.89
-0.78-0.58-0.75-0.78-0.82-0.79-0.85-0.65-0.78-0.490.080.09-0.78-0.770.98-0.760.830.63-0.81-0.86-0.53-0.66-0.44-0.6-0.7
0.930.170.940.930.80.910.880.870.90.92-0.480.220.920.26-0.620.94-0.65-0.390.910.720.960.940.95-0.60.96
0.980.340.970.980.880.920.940.780.910.94-0.450.280.960.37-0.730.97-0.73-0.430.970.810.860.990.89-0.70.96
Click cells to compare fundamentals

Anhui Gujing Account Relationship Matchups

Anhui Gujing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B15.2B25.4B29.8B35.4B19.3B
Other Current Liab1.9B2.7B4.4B1.0B1.1B2.2B
Total Current Liabilities4.2B4.5B7.7B10.0B12.4B6.3B
Total Stockholder Equity8.9B10.0B16.5B18.5B21.5B12.2B
Other Liab179.4M191.7M189.9M285.1M327.9M194.5M
Net Tangible Assets6.4B7.7B8.6B14.9B17.1B18.0B
Retained Earnings7.1B8.2B9.8B11.5B14.5B8.4B
Accounts Payable1.3B645.8M1.1B2.7B4.2B4.4B
Cash5.6B6.0B11.9B13.8B16.0B16.8B
Other Assets191.7M169.6M171.9M351.0M403.7M232.3M
Net Receivables1.1B67.9M787.8M62.7M68.6M65.2M
Short Term Investments509.0M203.9M2.7B1.8B720.0M901.7M
Inventory3.0B3.4B4.7B6.1B7.5B4.0B
Other Current Assets311.9M133.4M318.6M125.6M135.1M184.7M
Other Stockholder Equity86.4M37.6M32.9M30.1M27.1M42.9M
Total Liab4.4B4.7B8.2B10.5B13.0B6.6B
Deferred Long Term Liab83.6M70.2M64.6M55.9M50.3M64.6M
Total Current Assets10.5B11.5B20.3B22.3B25.5B14.0B
Intangible Assets785.7M934.7M1.1B1.1B1.1B910.3M
Property Plant Equipment1.9B1.9B2.1B3.1B3.6B2.3B
Non Current Assets Total3.3B3.7B5.1B7.5B9.9B5.6B
Non Currrent Assets Other4.1M5.9M7.2M6.9M5.7M5.4M
Non Current Liabilities Total191.7M250.1M485.6M448.5M598.0M340.7M
Net Invested Capital8.9B10.2B16.7B18.6B21.6B14.2B
Net Working Capital6.3B7.0B12.6B12.3B13.1B9.3B

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Other Information on Investing in Anhui Stock

Balance Sheet is a snapshot of the financial position of Anhui Gujing Distillery at a specified time, usually calculated after every quarter, six months, or one year. Anhui Gujing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Gujing and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Anhui currently owns. An asset can also be divided into two categories, current and non-current.